Things More Worrisome than AGW: Soros Warns of Violent Riots In America, Financial Collapse, Government ClampdownTuesday, January 24th, 2012
Source: Wealth Wire
‘There will be riots on streets of America': George Soros predicts class war in U.S. as euro triggers collapse of global economy
- Billionaire New York investor warns of impending economic meltdown
- Backs euro and buys Italian bonds from Jon Corzine’s failed MF Global
- Warns it’s ‘difficult to know right decisions to make’ after boom years
- Supports Occupy Wall Street, Democrats and Obama re-election efforts
From time to time we get a peek inside the mind of a true insider. George Soros knows a thing or two about destabilization and far from equilibrium situations. He’s been on the giving and receiving ends of both. From surviving the Nazi occupation of Hungary during World War II, to single handily crashing the currencies of entire nations, the experience he brings to the table should not be ignored.
With his deep connections in economic and political circles, if there’s anyone who knows what’s coming next, it’s Soros.
In his book The Crash of 2008 and What It Means Soros warned that no matter what governments did, there was no way out of the trap in which the world – namely The United States – finds itself:
“So what does the end of an era really mean? I contend that it means the end of a long period of relative stability based on the United States as the dominant power and the dollar as the main international reserve currency. I foresee a period of political and financial instability, hopefully to be followed by the emergence of a new world order.” (more…)